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Tag Archives: government-debt
There is nothing novel about Treasurer Morrison’s discovery that government debt is all OK provided it’s applied to funding useful assets. But it may be an indication that the government is disillusioned with monetary policy as a means of stabilising … Continue reading
Are conservatives better economic managers? Part 1 In my blog of 3 May 2016, I queried the claim by Malcolm Turnbull and apparently supported by many media commentators and also by the public, that conservatives are better economic managers. The … Continue reading
Malcolm Turnbull is hardly going to win votes by spruiking the economic record of his predecessor. And yet he hasn’t exactly made any headway on his own tax reform or budget repair agenda, writes Ian Verrender. History, they say, is … Continue reading
The missing element in this week’s mid-year economic and fiscal outlook, and more broadly, in current government policy, stares Australians in the face. Revenue needs to be increased. Increasing taxes, reducing tax concessions and eliminating loopholes are all options, which … Continue reading
The government is announcing today an update of this year’s budget. This is the government’s first major economic statement since the election. It will focus particularly on the budget deficit. It will attempt to blame the previous government as much … Continue reading